Oxbridge Re Holdings Limited (NASDAQ:OXBRW) Sees Significant Drop in Short Interest

Oxbridge Re Holdings Limited (NASDAQ:OXBRW) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 7,500 shares, a decline of 15.7% from the February 28th total of 8,900 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is presently 0.8 days.

Oxbridge Re Stock Up 10.5 %

Shares of OXBRW stock traded up $0.04 during mid-day trading on Thursday, reaching $0.42. 1,208 shares of the company were exchanged, compared to its average volume of 10,574. Oxbridge Re has a fifty-two week low of $0.03 and a fifty-two week high of $0.90. The business’s 50 day simple moving average is $0.63 and its 200 day simple moving average is $0.40.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It also issues reinsurance contracts through digital securities by blockchain technology.